Tuesday, 25 February 2020

Univision to Sell Majority Stake to Searchlight, Former Viacom Executive

Univision Communications Inc. accepted offer a bulk stake to a bidding group that includes previous Viacom Inc. finance chief Wade Davis and private-equity firm Searchlight Capital Partners, ending a long period of unpredictability over the fate of the Spanish-language broadcaster.

The offer valued Univision at less than $10 billion, including financial obligation, according to individuals familiar with the matter. That represents a discount rate to Univision’s evaluation of $137 billion, including financial obligation, when a consortium of private-equity firms took it …

%%.



source https://jobsearchtips.net/univision-to-sell-majority-stake-to-searchlight-former-viacom-executive/

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